Javier Milli, the winner of the Argentine presidential election, prioritizes closing the central bank.
Javier Milli, who won the presidential election in Argentina on Monday, says it will take two years to reduce the inflation rate.
Inflation in Argentina exceeded 140% in the past month of October, and the value of the national currency has significantly decreased.
Javier Milli, a right-wing economist and supporter of a free market, said he will privatize government institutions, including the state oil company and state radio and television in Argentina, as much as possible.
He has mentioned his plans to replace the dollar with the Argentine peso, stating that his priority is to close the central bank of Argentina, and then freely decide what currency should replace the national currency of this country.
Andres Manuel Obrador, the President of Mexico, described Javier Milli’s unexpected victory as a goal for Argentina itself.
Many have compared Mr. Milli to former US President Donald Trump and Brazilian President Jair Bolsonaro.